Vericel (VCEL) EBT Margin (2011 - 2026)
Vericel's (VCEL) quarterly EBT Margin came in at 9.31% in Q1 2026, up 1215.0% year-on-year from 0.71% in Q1 2025, and down 135.85% quarter-over-quarter from 25.98% in Q4 2025.
Vericel (VCEL) EBT Margin (2011 - 2026) Analysis & Trends
Vericel has disclosed EBT Margin across 16 years of filings, most recently posting 9.31% for Q1 2026.
- EBT Margin for Q1 2026 came in at 9.31%, up 1215.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.65% (up 635.0% YoY), and the FY2025 annual result was 6.29%, up 186.0% from the prior year.
- EBT Margin came in at 9.31% for Q1 2026 at Vericel, down from 25.98% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 26.47% in Q4 2024 to a low of 24.19% in Q2 2022.
- The 5-year median for EBT Margin is 8.66% (2023), against an average of 3.18%.
- Across the five-year window, EBT Margin slumped 1480 bps in 2022 and surged 1327 bps in 2023, its largest moves.
- Vericel's EBT Margin stood at 12.57% in 2022, then surged by 73 bps to 21.68% in 2023, then rose by 22 bps to 26.47% in 2024, then slipped by 2 bps to 25.98% in 2025, then tumbled by 136 bps to 9.31% in 2026.
- The last three EBT Margin figures came in at 9.31% (Q1 2026), 25.98% (Q4 2025), and 7.56% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 6.40% |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 41.95% |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Vericel | 2.04 Bn | 1.90 Bn | 49.27 Mn | -9.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.31% |
| Dec 31, 2025 | 25.98% |
| Sep 30, 2025 | 7.56% |
| Jun 30, 2025 | -0.84% |
| Mar 31, 2025 | -21.46% |
| Dec 31, 2024 | 26.47% |
| Sep 30, 2024 | -1.56% |
| Jun 30, 2024 | -8.88% |
| Mar 31, 2024 | -7.52% |
| Dec 31, 2023 | 21.68% |
| Sep 30, 2023 | -8.66% |
| Jun 30, 2023 | -10.92% |
| Mar 31, 2023 | -18.24% |
| Dec 31, 2022 | 12.57% |
| Sep 30, 2022 | -17.01% |
| Jun 30, 2022 | -24.19% |
| Mar 31, 2022 | -19.78% |
| Dec 31, 2021 | 8.84% |
| Sep 30, 2021 | -14.29% |
| Jun 30, 2021 | -9.40% |